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HK Octogenarian Loses HK$5M+ to Fake Crypto App Scam

Hong Kong police reported that an 80-year-old retiree lost over HK$5 million in ETH after downloading a fake ‘Trust Wallet’ app from an online ad. Scammers posing as customer service induced him to invest, and he transferred funds over 1.5 months. Police urge families to warn elders about such fraudulent apps and high-return promises.

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